Investments & Withdrawals

How long does it take to invest money?

All buy orders (i.e. deposit requests) placed before 5 pm PST should be invested the next business day. It takes 2-3 business days for these investments to fully process and reflect on your account. This window is provided to accommodate processing times for bank transfers, as well as the time...
Can I link a savings account as My Funding Source?

While it is possible to fund your account with a savings account, Acorns generally recommends the use of a checking account. Federal regulation limits the withdrawals from a savings account to six transactions per month. Utilizing the automatic Round-Up feature can reach this limit and incur a...
Can I receive a check for my withdrawal?

Because Acorns is solely an online investing platform, we do not mail paper checks for withdrawals. If you do not have access to the checking account previously used to fund your investments and want to withdraw funds, we make changing funding sources easy so your funds can be transferred back...
Does Acorns invest in Cryptocurrency?

We do not. Acorns offers our customers the opportunity to begin investing in a managed portfolio. You do not have the option of choosing to invest in any other stocks, bonds, cryptocurrencies, or other securities through Acorns. We also can't advise you on whether you personally should invest ...
Is my money protected?

Yes. Acorns Securities is a Member of the Securities Investor Protection Corporation (SIPC), which means all of our customers' investments are protected up to $500,000 (including $250,000 for claims for cash). For more information on SIPC insurance, please visit www.sipc.org. All Aco...
Where is my money invested?

There are five different Acorns portfolios that you can choose from, each portfolio is composed of exchange-traded funds — ETFs for short. An ETF is made of broad holdings of stocks and/or bonds. Depending on your portfolio, you’re invested in a mix of companies, markets, and bonds...
Why am I being asked to verify my Funding Source?

Your security is our primary concern, so we take every measure to verify that you are you! To confirm that the bank account information you provide is in fact yours, we send two micro-deposits, each less than $0.10. Please allow up to 1-3 days to see these micro deposits in your checking accou...
How do I turn off Round-Ups?

To turn off Round-Ups follow the steps below. For mobile users: 1. Tap Invest for your Future2. Tap on Round-Ups Settings3. Toggle off Set to automatic4. Tap on Turn off automatic For web users: 1. Click the “Invest for your Future” button2. Click on Round-Ups Settings3. Toggle off...
How do I withdraw funds from my Acorns Invest account?

You can make a withdrawal from the iOS and Android apps or the web app. Please follow the instructions below. 1. Sign into your account via your Android or iOS device. 2. Select on the applicable account (Invest or Later)3. Choose the "Withdraw" option4. Enter the dollar amount you would...
How do I view my tax reports, statements, and confirmations?

To view your tax reports, statements, or trade confirmations, just follow these steps — For Mobile: Tap on the avatar icon at the top left-hand corner of your screen Tap on Settings Tap on Documents and Statements Tap on the account and the type of document you would like to view&n...
How do I update my personal information?

You can update your personal information in your user profile under Settings in the Acorns app. Please complete the following steps to update your profile:For mobile users:1. Tap on the menu icon at the top left of your screen2. Tap on Settings3. Tap on Personal Info4. Tap on any identifier yo...
Can I invest in specific companies?

We do not offer the ability to invest in specific companies. Acorns offers our customers the opportunity to begin investing into a managed portfolio. This means that Acorns will choose your investments and allocate your funds to those investments based on the risk level of the portfolio. Our c...
What should I do when the market is down?

Diversified portfolios, like your Acorns portfolio, are designed to handle the stock market’s frequent ups and downs. As long as your current financial situation and investing goals haven’t changed, your portfolio probably doesn’t need to, either. Remember: The market can go ...
How often should I invest money?

We believe in the power of frequent, small investments. That’s why we help you start investing with as little as $5. Regular investments—whether through Round-Ups or by setting up a Recurring Investment every week or month—allow you to take advantage of something called dolla...
What is Overdraft Intelligence?

Acorns has an agreement with some of the major banks, where if a deposit is attempted that may put your Primary Checking account under a certain amount (usually around $25), our system will flag it as a deposit that may not complete and it is automatically canceled. For example, if there is $3...
Can I transfer my funds to another brokerage firm?

Yes, we can do what's called a Non-ACAT Transfer. Acorns Securities, LLC can only transfer whole shares, as stated in our Program Agreement, to process asset transfer requests (section B5). The remaining balance will need to be liquidated to return to your connected checking account. Please al...
Is Acorns a good investment?

We believe that your future is a good investment, so it’s our mission to look after your financial best interests. That’s why we’ve created diversified portfolios designed to maximize the potential rewards for your given level of risk. But with any investment, it’s impo...
What is a Dividend?

What is a Dividend? A dividend is a periodic payout of earnings that some companies share with investors. Think of it as a little bonus on top of regular returns. Are Dividends reinvested? Acorns automatically reinvests your dividends for you, which can help your investment balanc...
How long does it take to withdraw money?

Withdrawals may take 3-6 business days to post into your checking account because there is a mandatory 2-day settlement period. The Securities and Exchange Commission (SEC) mandates this period when buying or selling shares in Exchange Traded Funds (ETFs). It’s referred to as Regula...
How do I set up a Recurring Investment?

Follow these steps to set up a recurring investment on a daily, weekly, or monthly basis: For Mobile: After logging in to your account, tap "Invest for your future" Tap "Recurring" Enter the desired amount, frequency, and date settings you would like to invest Tap "Save" For Web: After logg...
How do I stop a Recurring Investment?

Please complete the following steps to cancel a recurring investment: For Mobile: After logging in to your account, tap "Invest for your future" Tap "Recurring" Tap "Turn Off" in the upper right corner of the screen For Web: After logging in to your account, click on “Invest for your ...
How do I grow my portfolio?

It’s easy to contribute to your Acorns portfolio in the background of your life. All you have to do is connect your bank account and any other credit or debit accounts you use to shop. With Round-Ups, we automatically round up your purchases to the next dollar, and as soon as you’v...
Is there risk involved in my investment?

Yes. The securities you own are always subject to market fluctuations. This is why we advocate long-term investment goals. Here are a few other key benefits: Modern Portfolio Theory Acorns portfolios were built by experts, with help from Nobel Laureate in Economics, Dr. Harry Markowitz —...

How long does it take to invest money?

Can I link a savings account as My Funding Source?

Can I receive a check for my withdrawal?

Does Acorns invest in Cryptocurrency?

Is my money protected?

Where is my money invested?

Why am I being asked to verify my Funding Source?

How do I turn off Round-Ups?

How do I withdraw funds from my Acorns Invest account?

How do I view my tax reports, statements, and confirmations?

How do I update my personal information?

Can I invest in specific companies?

What should I do when the market is down?

How often should I invest money?

What is Overdraft Intelligence?

Can I transfer my funds to another brokerage firm?

Is Acorns a good investment?

What is a Dividend?

How long does it take to withdraw money?

How do I set up a Recurring Investment?

How do I stop a Recurring Investment?

How do I grow my portfolio?

Is there risk involved in my investment?